Colonial First Mortgage Launches Online Credit Simulator

January 12 18:56 2015

Ft Lauderdale, FL – January, 12, 2014 – Colonial First Mortgage has announced a new and easier way to analyze a potential homeowner or homeowner(s) ability to have credit extended on behalf of Banks and Lenders. The credit analyzer will help Florida homeowners or potential homeowners qualify for Conventional, FHA, VA and Jumbo loans available in today’s wholesale market.

“The Credit Simulator will change the way borrowers prepare for homeownership as well as help many current homeowners lower their monthly obligations by being able to qualify for lower interest rates and loan programs with lower upfront costs and lower monthly costs.” According to Bryan Mossorofo, President and Broker of Record at Colonial First Mortgage. “It allows consumers to also understand what they can do to improve their credit score and credit profile.”

Colonial First Mortgage is a licensed Florida Mortgage Broker that has been in business since 1994 helping homeowners lower their existing monthly payment as well as allowing consumers to achieve the dream of becoming a homeowner. Their product line is diverse and knowledge and service is the focus on each and every client. Colonial First has been serving Florida residents for over 2 decades in obtaining FHA loans (more information can be found here. VA loans have also been a popular loan for Florida veterans, you can check out their info guide on obtaining a VA loan.

“Using a Mortgage Broker affords More Access.” According to Mossorofo. Most lenders work directly with mortgage brokers and rely on them to be the mouthpieces to bring them qualified clients. You may not be able to call some Banks up directly to get a retail mortgage. Brokers normally are able to get lower rates from Banks due to the volume of business generated that might be lower than you can get on your own.

Other advantages to using a Mortgage Broker, like Colonial First Mortgage, include having them do the legwork for you. The alternative to using a Mortgage Broker would be to call dozens of Lenders and Banks directly. Most importantly, is the savings in fees a Mortgage Broker can save you. To learn more about the advantages, contact Colonial First Mortgage directly.

Colonial First Mortgage offers the full menu of Wholesale mortgage products in the state of Florida, including, Conventional Loans (Fannie Mae/Freddie Mac), FHA Loans, VA Loans, Jumbo Loans, Reverse Mortgages (HECM), Foreign National Loans, Portfolio Loans and Commercial Loans. A consultation with a Mortgage specialist is always recommended.

To reach Colonial First Mortgage, or calling them anytime at 954-533-1260. 

Media Contact
Company Name: Colonial First Mortgage
Contact Person: Mike Benhayon
Email: Send Email
Phone: 954-533-1260
Address:3000 NE 30th Place, Suite 103
City: Fort Lauderdale
State: FL
Country: United States